Stocks Making the Biggest Moves Midday: Walmart, Deere, CrowdStrike, Moderna & More

Walmart shares dropped 9% despite topping revenue estimates, as same-store sales and future earnings guidance fell short. Tractor maker Deere saw its stock jump nearly 9% after significantly exceeding third-quarter earnings and revenue expectations, also raising its full-year income guidance. Moderna’s stock plunged 25% following promising, but not universally exceeding, late-stage trial results for its skin cancer vaccine.

• Walmart shares fell 9% due to lower-than-expected same-store sales growth and earnings guidance.
• Deere’s stock rose almost 9% after beating Q3 estimates and increasing full-year net income guidance.
• Moderna’s shares dropped 25% after initial excitement about its skin cancer vaccine trial results.
• Crypto stocks saw gains, influenced by President Trump’s support for crypto-friendly legislation.
• Transocean’s stock increased 2% following a new $300 million contract.
• Advance Auto Parts shares slid 25% on mixed Q2 results and a decline in same-store sales.
• Coty experienced a 9% stock drop after reporting a larger-than-expected quarterly loss.
• Webull’s stock gained over 4% after reporting strong Q2 adjusted operating income and revenue.
• Wolfspeed shares declined 15% as quarterly revenue missed consensus estimates.
• NetEase’s U.S.-listed shares lost 5% after its quarterly earnings failed to meet analyst expectations.
• CrowdStrike’s stock dropped 4% following a report that its CTO is leaving to start a new venture.